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by steve_b 2016 days ago
Who paid for the new looms?
5 comments

Depends on your model of capital flow. One reasonable answer would be the factory owners or investors. Another reasonable answer is that the workers did, because their work led enabled the factory to succeed.
The ones not getting maimed on the assembly line.
Who founded the original 13 colonies? Is Britain still justly entitled to ownership over all that property?
The workers whose labour generated the value the looms were paid for with. To some extent, also the workers that put together the looms while only being paid a fraction of the value they created.
We've all paid dearly.